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In 1535,Lutheran and Catholic forces worked together to end the radical reformation in
Wealth
The total value of all financial assets and resources owned by an individual or entity, minus any liabilities.
Risk Averse
A description of an individual or entity that prefers to avoid risk and chooses options that have lower uncertainty and potential for loss.
Von Neumann-Morgenstern
A theory of expected utility, which provides a foundation for making rational decisions under uncertainty.
Probability
The quantification of the probability of an event happening, represented by a numerical value ranging from 0 to 1.
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